Stochastic Multicurrency Scanner Dashboard for MT4/MT5

The Stochastic Multicurrency Scanner Dashboard is a versatile tool for traders who use the Stochastic oscillator to identify overbought and oversold conditions. This dashboard offers seamless monitoring of multiple currency pairs and timeframes, providing real-time alerts and actionable insights for smarter trading decisions.

You can find the MT4 version here  Stochastic Oscillator Multicurrency Scanner MT5

You can find the MT5 version here  Stochastic  Oscillator Multicurrenty Scanner MT4

Key Features

1. Multicurrency Monitoring
   Monitor a diverse list of currency pairs, including forex majors, minors, and exotics, as well as special symbols like XAUUSD and BTCUSD.

2. Multi-Timeframe Scanning
   Analyze market signals across timeframes from M1 to MN1, with the flexibility to enable or disable scans for specific timeframes based on your trading strategy.

3. Stochastic Oscillator Integration
   The scanner incorporates the Stochastic oscillator with customizable parameters, including K Period, D Period, and Slowing Factor. Four entry strategies are supported:

   • Entry at Oversold/Overbought Levels: Signals when Stochastic enters these zones.
   • Exit Oversold/Overbought Levels: Signals when Stochastic exits these zones.
   • Reverse Levels: Opposite signals triggered when entering overbought or oversold zones.
   • Crossover Strategy: Buy when Stochastic crosses below the oversold level; sell when it crosses above the overbought level.

4. Confluence Signal Alerts
   Alerts are triggered when selected timeframes align with the same directional signal, enhancing the reliability of trade setups.

5. Custom Alerts and Notifications
   Real-time alerts via pop-ups, email, and push notifications ensure traders stay updated on critical market movements.

6. Responsive Dashboard Design
   The dashboard organizes signals in a grid layout, grouping symbols by base currencies and displaying signals for each timeframe. Each cell indicates how many candles ago the signal occurred. The layout is fully responsive and adjusts dynamically to fit any screen size.

7. User Customization
   Traders can customize panel size, colors, and text scaling, and filter symbols, timeframes, and Stochastic parameters to align with their trading preferences.

How It Works

The dashboard continuously scans selected currency pairs and timeframes using the Stochastic oscillator. Signals are displayed in an intuitive grid format, with confluence signals highlighted for quick recognition and action.

Why Choose This Dashboard?

The Stochastic Multicurrency Scanner Dashboard simplifies market analysis with its advanced features, real-time alerts, and extensive customization options. It is an invaluable tool for traders relying on Stochastic-based strategies.

Input Walkthrough

General Settings

• pairsList1 : Customize the list of symbols to scan, including forex pairs, metals, and cryptocurrencies.
• SCAN_LAST_N_CANDLE : Define how many candles back the scanner should analyze for signals.
• Panel Customization: Adjust panel height, width, and text scaling with inputs like PANEL_HEIGHT_PCT , PANEL_WIDTH_PCT , and PANEL_TEXT_PCT .
• Colors: Configure colors for symbols, base currencies, and signals (bullish, bearish, neutral).

Timeframe Signal Settings

• Individual Timeframe Scanning: Enable or disable scanning for specific timeframes (e.g., ENABLE_IND_1M , ENABLE_IND_5M ).
• Confluence Timeframe Scanning: Configure confluence alerts for selected timeframes (e.g., ENABLE_1M , ENABLE_5M ).

Stochastic Settings

• STOCHASTIC_KPERIOD , STOCHASTIC_DPERIOD , STOCHASTIC_SLOWING : Customize the periods and slowing factor for the Stochastic oscillator.
• STOCHASTIC_MA_METHOD , STOCHASTIC_PRICE_FIELD : Define the moving average method and price field used for calculations.
• STOCHASTIC_UPPER_LEVEL , STOCHASTIC_LOWER_LEVEL : Set overbought and oversold levels manually or automatically.
• entryStrategy : Choose from four entry strategies:
  • Entry at Oversold/Overbought Levels
  • Exit Oversold/Overbought Levels
  • Reverse Levels
  • Crossover Strategy

Alert Settings

• ALLOW_ALERT : Enable or disable pop-up alerts for signals.
• ALLOW_NOTIFICATION : Send push notifications for real-time updates.
• ALLOW_EMAIL : Receive email notifications for trading signals.

If you want to try the free trial version for 7 days, feel free to reach out to me via the profile section.